Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Paul Scott may be Britain's top share blogger but today he served up the sort of grotesque factual innacuracy which would put David Lenigas to shame. I start on that matter and Birthday communications with the younger generation. Then it is onto Afriag (AFRI) - Incoming! Watch this space. Then to Boohoo.com (BOO), Aquatic Foods (AFG), MX Oil (MXO), Magnolia Petroleum (MAGP), CIC Gold (CICG) and London Capital (LCG). I also mention, en passant, Kefi Minerals (KEFI)
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Comments
Jason
Talking of black swans I see Jim Mellon is forecasting one for Italy & France and is recommending the UK gets the hell out of the EU before we get sent a bill for trying to rescue them. I don’t know if that’s likely but hell any reason is good enough to vote leave ;)
Jason
Talking of black swans I see Jim Mellon is forecasting one for Italy & France and is recommending the UK gets the hell out of the EU before we get sent a bill for trying to rescue them. I don’t know if that’s likely but hell any reason is good enough to vote leave ;)
https://www.youtube.com/watch?v=-loeErWfkE8
Bearfacts
Happy birthday for today.
After today’s RNS re CIC gold is it not time it went on the filthy forty list!, and perhaps take off Univision to give it its’s space.
All the best……
tomr58
birthday coke and hookers for TW?
Doc H
Happy Birthday you old spiv….
Keep your peckers up!
Doc
Geoff
Here’s wishing you ‘Many Happy Returns’ – I ‘m sure you deserve it.
Bond
Happy birthday!
Re LCG they have a HUGE salary structure.
Simple Moving Avarice
Have RBS taken leave of their senses? How can you advise all of your clients to sell everything? It doesn’t make sense even if they are right. If all their clients act on the advice then most of them will not get out in time – more or less by definition of how a market works. Or do they genuinely think “everyone” can somehow take their money out before the crash?
This advice is so naive that in my mind it is dangerously reckless. It is not economically responsible behaviour. But it does start to explain why so-called professionals apparently thought that you could sell mortgages which had no hope of being paid back and somehow use tiers of risk to avoid being caught by any negative effects (or why LTCM thought it was possible to take huge positions without changing the behaviour of the market you are manipulating.)
a1hooky
happy birthday tom and many more to come
wildrides
Six bottles for lunch ! you piss heads . Still I suppose it explains alot . A least you did not dress up in ladies undergarments and walk the streets afterwards ………. after all I gather Scotty has inside information on ladies undergarments.
turbograndad
Prosecco, Prosecco,!! is that with a cherry, or by the pint. I thought you a man of consummate taste.
Well Black Swans, if it it walks like duck and quacks like a duck, hay guess what, it probably is a, and with all the sooth sayers anticipations on the market valuations, debt, QE,Zirp, and oil, interest rates, etc, this could easily become a self fulfilling. prophecy from RBS. We will see, each to their own.
Man in the sun
Happy birthday tom
David Russell
Sorry its late but I hope you had a great birthday :)
TheMadStork
Happy birthday for yesterday!
Fair comment re KEFI. Pre-production is always risky. If they can pull it off though, this looks to me to be far and away the best pre-build project out there, and today#s RNS just made the numbers even better.